Looking to trade futures without risking your own money? Take Profit Trader offers funded accounts for U.S. futures traders, while QuantVPS provides the technical infrastructure for seamless trading execution. Here’s a quick breakdown:
- Take Profit Trader: Offers funding for futures traders with monthly fees ranging from $150 to $360 (based on account size). Pass their evaluation, pay a $130 activation fee, and enjoy profit splits of 80/20 or 90/10. Immediate payouts and support for over 30 trading platforms are key benefits, though their strict evaluation rules and low success rate (20.37%) are challenges.
- QuantVPS: Delivers ultra-low latency (as fast as 1ms) and 100% uptime for trading platforms like NinjaTrader and TradingView. Pricing starts at $49/month, scaling to $299/month for advanced setups. Ideal for traders needing reliable and fast trade execution.
Quick Comparison
Aspect | Take Profit Trader | QuantVPS |
---|---|---|
Fees | $150–$360/month (evaluation phase) | $49–$299/month |
Profit Split | 80/20 or 90/10 | Not applicable |
Success Rate | 20.37% (Jan–Aug 2023) | Not applicable |
Platforms | 30+ platforms supported | NinjaTrader, TradingView, MetaTrader, etc. |
Key Features | Immediate payouts, fast qualification (5 days) | Ultra-low latency, 100% uptime |
Challenges | High fees, strict rules, low success rate | Higher pricing, requires technical setup |
Summary: Combine Take Profit Trader for funding and QuantVPS for technical performance to maximize your trading potential. Both services cater to serious futures traders but address different needs – funding vs. execution reliability.
1. Take Profit Trader
Fee Structure
Take Profit Trader uses a subscription-based model for its evaluation phase, with fees depending on the account size. Monthly costs range from $150 for a $25,000 account to $360 for a $150,000 account. Here’s a quick breakdown:
Account Size | Monthly Fee | Profit Target | Daily Loss Limit | EOD Trailing Drawdown |
---|---|---|---|---|
$25,000 | $150 | $1,500 | $500 | $1,500 |
$50,000 | $170 | $3,000 | $1,100 | $2,000 |
$75,000 | $245 | $4,500 | $1,600 | $2,500 |
$100,000 | $330 | $6,000 | $2,200 | $3,000 |
$150,000 | $360 | $9,000 | $3,300 | $4,500 |
Once traders pass the evaluation, there’s a one-time $130 activation fee. From then on, PRO account holders enjoy an 80/20 profit split, while PRO+ accounts offer an even better 90/10 split. Commissions are set at $5 per round trip per contract ($0.50 for micros) [1].
Trading Platforms
Take Profit Trader supports a wide range of trading platforms – over 30, to be precise. The firm recommends the CQG Data Feed but also provides the Rithmic Data Feed as an option. Popular platforms on the CQG feed include NinjaTrader, TradingView, and Tradovate. Meanwhile, Rithmic supports platforms like R-Trader, Quantower, Motivewave, and Bookmap. Other compatible platforms include Sierra Chart, MultiCharts, Jigsaw Trading, eSignal, and Atas. To make things easier, Take Profit Trader handles all the technology and account setup, removing any technical hurdles [3].
Key Features and Benefits
Take Profit Trader stands out with its combination of competitive fees and robust trading tools. One standout feature is the ability to withdraw profits immediately after activating a PRO account – no need to wait the 20–60 days often required by other firms [2].
"I FOUND TAKE PROFIT TRADER, I REALLY LIKE THE CONCEPT OF, IF YOU PERFORM YOU CAN HAVE AN IMMEDIATE PAYOUT" – Coleman [2]
The platform also includes built-in risk management tools and provides access to a private Discord community for education and networking. PRO accounts come with no contract limits, and the firm partners with regulated brokers and CME-approved data providers to ensure accurate execution and reliable data. While PRO accounts operate in a simulated environment, all payouts are made in real money [2].
"YOUR COMPANY MAKES ME FEEL LIKE I’M A REAL TRADER" – Ben [2]
Take Profit Trader has earned a TrustScore of 4.3 from over 1,400 reviews, with users frequently praising its customer support and fast payouts [2][3].
2. QuantVPS
Fee Structure
QuantVPS offers four pricing plans tailored to different trading needs: VPS Lite ($49/month for 1–2 charts), VPS Pro ($99/month for 3–5 charts and support for up to 2 monitors), VPS Ultra ($199/month for 5–7 charts and up to 4 monitors), and Dedicated Server ($299/month for 7+ charts and up to 6 monitors). Each plan includes automatic backups, 24/7 expert support, and the option to choose between server locations in Chicago or New York. This straightforward pricing model ensures transparency. Plus, QuantVPS supports a variety of trading platforms, making it a versatile choice for traders.
Trading Platforms
QuantVPS is compatible with popular trading platforms like NinjaTrader, TradingView, Tradovate, MetaTrader, and TradeStation. This wide compatibility allows seamless integration with Take Profit Trader’s supported platforms, so you can pick the software that best aligns with your trading strategy.
Key Features and Benefits
QuantVPS is designed to deliver an ultra-low latency connection, with latency as low as 1 millisecond to CME, which is essential for futures trading. The service guarantees 100% uptime, ensuring your trading strategies run without interruption. Built with high-performance CPUs, NVMe storage, and dedicated resources, it’s equipped to handle even the most complex trading setups. With over 300,000 servers deployed worldwide, QuantVPS demonstrates its reliability and scalability.
"QuantVPS revolutionized my trading experience – its low latency enables precise, lightning-fast execution." – Smutchings
"The reliability and performance of QuantVPS are unmatched. My algorithms run 24/7 without any hiccups. Best investment for serious traders." – Sarah Chen
Traders can access their VPS from anywhere, on any device, ensuring they stay connected to their strategies at all times.
Performance Optimization
QuantVPS isn’t just about pricing or platform compatibility – it’s built for top-tier performance in futures trading. With servers strategically located in Chicago and New York, traders benefit from optimal connectivity to major exchanges and regulated brokers. Whether you’re using platforms like NinjaTrader or Rithmic, the dedicated resources ensure consistent performance, even during high-traffic trading periods. Each plan also includes integrated DDoS protection, adding an extra layer of security to safeguard your trading environment.
💰⚠️Take Profit Trader Pro vs Pro+: Is Pro+ Worth the Extra Cost?
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Pros and Cons
When comparing Take Profit Trader and QuantVPS, each service brings its own strengths and challenges to the table. Weighing these factors can help you decide which aligns better with your trading style and budget.
Aspect | Take Profit Trader | QuantVPS |
---|---|---|
Pros | – Immediate payouts available from day one with a PRO account – Quick qualification process, requiring only 5 trading days – One-time PRO fee of $130, avoiding recurring charges – Supports multiple platforms like NinjaTrader, TradingView, and Tradovate – 24/7 customer support – Up to 3 PRO account resets – Solid reputation with a 4.3/5 rating on Trustpilot |
– Ultra-low latency, with speeds as fast as 1ms – 100% uptime guarantee for uninterrupted trading – Transparent pricing across four tiers ($49–$299/month) – Compatible with a wide range of platforms, including NinjaTrader, MetaTrader, and TradeStation – Global server locations for better performance – Dedicated high-performance CPUs and NVMe storage – Built-in DDoS protection |
Cons | – High monthly test fees ranging from $150 to $360, depending on account size – Low success rate, with only 20.37% of users passing tests (Jan–Aug 2023) – Restrictions on overnight positions and trading during news events – Simulated accounts only, no live market trading – Limited educational resources for beginners – Mandatory trailing drawdown rules – Recent reports of delayed customer support |
– Higher pricing compared to some VPS competitors – No hourly billing option for short-term needs – Limited guidance for setting up the VPS – Requires technical knowledge to achieve the best performance |
These comparisons underline the distinct trade-offs between the two services. QuantVPS is designed to ensure smooth trade execution with its ultra-low latency and 100% uptime guarantee – especially valuable in fast-moving markets. On the other hand, Take Profit Trader emphasizes rapid qualification and flexible account options, though it comes with stringent trading rules and higher upfront costs.
The pricing structures also cater to different needs. While Take Profit Trader demands significant monthly test fees and strict evaluation criteria, QuantVPS offers clear, tiered pricing for consistent technical performance. Ultimately, both platforms are geared toward dedicated traders but serve very different roles within the trading ecosystem.
Final Thoughts
Take Profit Trader offers futures traders quick access to funding with immediate payouts and a short 5-day qualification process, while QuantVPS delivers the ultra-low latency infrastructure needed for seamless and reliable trade execution.
For futures traders, Take Profit Trader stands out with its straightforward fee structure and focus on this specific market. However, the path to funding comes with challenges – success rates are below 21%, and evaluation fees range from $150 to $360. These factors present notable upfront risks that traders need to consider carefully.
On the other hand, QuantVPS provides the technical backbone that can significantly impact trading performance. With ultra-low latency speeds (as fast as 1ms) and a 100% uptime guarantee, the platform ensures consistent execution, a critical requirement for algorithmic traders and those relying on automated strategies. Its ability to maintain uninterrupted connectivity across time zones makes it a valuable tool for traders who need dependable infrastructure. This technical reliability pairs well with Take Profit Trader’s funding model, creating a strong synergy for traders pursuing both capital and execution efficiency.
QuantVPS also supports a variety of platforms and trading strategies, offering flexibility for traders with diverse needs. Monthly costs range from $49 to $299, providing predictable pricing for consistent technical performance.
For disciplined futures traders, Take Profit Trader provides an opportunity to secure funding, but its strict rules and high-risk profile require careful consideration. Meanwhile, QuantVPS is ideal for traders prioritizing technical precision and reliability to support their strategies. Combining these services could be a practical way to address both funding and execution demands, but traders must weigh the costs and risks to determine what works best for their trading goals.
FAQs
What should I consider when deciding between Take Profit Trader and QuantVPS for futures trading?
When weighing Take Profit Trader against QuantVPS for futures trading, it all boils down to your specific trading needs and goals.
Take Profit Trader is a great option for those aiming to access funded accounts. It provides a structured program that allows traders to use the firm’s capital once they qualify. That said, the qualification process is tough – fewer than 20% of participants make the cut. The platform works seamlessly with popular tools like NinjaTrader and TradingView, but it does come with a monthly participation fee.
QuantVPS, by contrast, caters to traders who depend on automated strategies. It offers high-performance virtual private servers with ultra-low latency, reliable uptime, and flexible plans. If speed and reliability in executing trades are your top priorities, this platform delivers. It’s compatible with multiple trading platforms and markets, including futures.
In short, go for Take Profit Trader if you’re after a funded account program. If your focus is on building a strong setup for algorithmic trading, QuantVPS is the way to go.
What is the profit split model at Take Profit Trader, and how do the evaluation fees affect traders?
Take Profit Trader operates on a profit-sharing model that allows traders to keep 80% of their profits. For those looking to maximize their earnings, upgrading to a PRO+ account bumps the split to an impressive 90/10, providing an even greater incentive for high-performing traders to excel.
That said, it’s important to weigh the associated costs. There’s a one-time activation fee of $130, and traders may face additional expenses during the evaluation process. These fees can eat into potential earnings, especially for those who don’t successfully secure a funded account. While this setup can be highly rewarding for seasoned traders, newcomers might find the initial costs a bit steep as they strive to meet the firm’s qualifications.
What setup do I need to get the most out of QuantVPS for futures trading, and how does it improve performance?
To get the best out of QuantVPS for futures trading, you’ll want a high-performance VPS with ultra-low latency – ideally in the range of 0-1ms. This kind of speed is crucial for executing trades quickly and efficiently. QuantVPS offers plans with 8GB to 64GB of RAM and NVMe storage, delivering the speed and dependability needed for smooth trading operations. Plus, their servers are strategically placed near major trading hubs like the CME in Chicago, helping minimize latency and ensuring you don’t miss critical trading opportunities.
QuantVPS is designed to boost trading performance with features like 99.95% uptime, a robust infrastructure, and advanced AMD EPYC processors. This makes it a great choice for high-frequency trading and automated strategies, where every millisecond counts. Thanks to its fast and reliable environment, QuantVPS ensures your trading algorithms run smoothly, even during periods of market volatility.